Global insurance broker Marsh has unveiled for the second time its group of Cyber Catalyst designated products and services judged by leading cyber insurers to be effective in combating significant cyber risks, including ransomware and data management. This year’s cohort …
World Insurance Associates LLC (WIA) acquired True & Associates of Westfield, N.J. on December 31, 2020. True & Associates is its largest property/casualty acquisition to date. Terms of the transaction were not disclosed. True & Associates is a multi-line full-service …
HONG KONG/BRUSSELS – The environmental transformation happening in the Arctic is key to understanding the potential global impacts of climate change, an Alaska Native leader and a polar explorer told the Reuters Next conference on Monday [Jan. 11]. With climate …
Convex Group Ltd. has secured $500 million in committed preferred equity capital from affiliates of Sixth Street, a leading global investment firm. The investment follows Convex’s recent $1 billion capital raise from a consortium led by Onex and GIC, in …
Global broking business, Brokerslink, starts 2021 with the continued the expansion of its global network and the addition of independent broker JDB in North Macedonia. Trading since 2009, JDB is a growing broker with a sharp focus on customer service …
Lloyd’s announced it has received regulatory approval to set up a new multi-insurance special purpose vehicle, which aims to attract new forms of capital. A key milestone for the Future at Lloyd’s strategy, the new platform will make it easier …
Assicurazioni Generali SpA Chief Executive Officer Philippe Donnet is seeking to overhaul the top ranks at Italy’s largest insurer to increase control on key businesses and speed up growth, according to people with knowledge of the matter. The CEO, whose …
After extending the moratorium on cancellations and nonrenewals put into place at the start of the pandemic, Citizens Property Insurance Corp. has announced it will resume processing these as of Feb. 1, 2021. The Florida insurer of last resort said …
Berkshire Hathaway GUARD Insurance Companies has added Georgia and Utah to the list of states where the insurer offers its homeowners product. With these additions, the company now offers its personal lines products in 22 states with plans for further …
The Hilb Group, LLC (THG) has acquired North Carolina-based Dwayne Wilson Insurance & Financial Services, Inc. (DWI). The transaction became effective on Dec. 31, 2020. DWI is a full-service life and health (L&H) agency, providing a range of insurance products …
